am i bringing good news to america. merry christmas! > we love this for a monday phil. so what is going on with gas supplies? > > it is called reefer madness-no! it's refiner madness! > there you go. > > last week, refiners rose to the occasion. in the aftermath of hurricane sandy, of course, the markets were screaming, "we need more gasoline! supplies are below normal! the east coast needs gasoline." so refining merchants went through the roof. what did the refiners do? they were refining gasoline not like we were going into thanksgiving and christmas. they work refining like we were going into the fourth of july. we saw refining margins go above 90% capacity, and produce so much gasoline that we saw the biggest one-week inventory build in gasoline supplies that we have seen in over 15 years, since september of 2001. i will take it a step further. what else we saw in that inventory report is, over the last two weeks, we have built almost 12 million barrels of gasoline in just two weeks. that is almost unheard of. the refiners did a phenomenal job, and that means not on